Using a panel vector autoregressive model this paper investigates the dynamic and endogeneous contribution of tourism to output based on a sample of 40 African countries for the period 1990 - 2006. Results from the study confirm tourism to be an important ingredient of African development...

The key role MNEs play in the global economy through international investment, and the changing landscape of such investment as MNEs as well as host and home economies adjust to changing conditions and objectives, make it important to understand trends and developments with respect to FDI and...

An overwhelming amount of research has shown that financial development fosters economic growth and thus this paper aims to identify the major determinants of financial development. This study investigates the determinants of financial development using a time series analysis for the period...

Purpose - This study aims at evaluating the effect of the COVID-19 pandemic on the export trade system for Mauritius during the first half of 2020 (January 2020-June 2020). Design/methodology/approach - An initial analysis of the monthly export time series data proves that on the whole, the...

Using a panel vector autoregressive model this paper investigates the dynamic and endogeneous contribution of tourism to output based on a sample of 40 African countries for the period 1990 - 2006. Results from the study confirm tourism to be an important ingredient of African development...

Efficient market stated that stock's return is indifferent in each trading day. But, the calendar effects phenomenon made a different return in each single day in a week or month. This is an abnormal return which can affect investor in deciding investment strategy, portfolio selection, and...

Financial development has received considerable attention in past literature. This study brings to light financial deepening in an all new angle by introducing banking sector controls as its possible determinants and that, to be considered for the Mauritian experience. A VECM is initially...